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Net price is the value at which a product or service is sold after all taxes and other costs are added and all discounts subtracted. Net price is what the sellerâs customers pay. Amounts subtracted from a list price to arrive at a net price include sales and other discount amounts, rebates and any amounts negotiated between the customer and the seller. Additional amounts may include charges for added value, royalties, shipping, duty, taxes, service and installation.
Use 'net price' in a Sentence. I wanted to know the net price of the item, because it caught my interest and I wondered if it was any good. 20 people found this helpful. The net price was lower than the offered price by the competitor so after some simple math we made our decision.